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THE LIGHTSTONE GROUP SECURES LEASE EXTENSION WITH
PRO FITNESS CLUB AND PRO REHAB AT BIRNEY MALL IN MOOSIC, PA

MOOSIC, PA (May 6, 2009) – The Lightstone Group, one of the largest private real estate owners in the country, today announced a long-term lease extension with Pro Fitness Club and Pro Rehab for a combined total of 14,000-square-feet at the Birney Mall in Moosic, Pa.

Opened in 2003, Pro Fitness Club is a full-service fitness center with a large indoor pool, sauna, steam room, tanning beds, a whirlpool spa and over 100 pieces of cardio and fitness equipment. Pro Rehab, an outpatient provider of physical, occupational and aquatic therapy services, is housed adjacent to Pro Fitness Club.

Birney Mall is located on 3409 Birney Avenue at the split of the southbound and northbound sections of Route 11, approximately two miles southwest of downtown Scranton. The 196,109-square-foot outdoor mall is also home to Kmart, Big Lots, Long John Silvers, Greenwood Diner, Holiday Hair, Dino & Francesco’s Pizza and Family Restaurant, and other retailers.

“Birney Mall is one of the most highly trafficked locations for our fitness and rehabilitation services,” said Michael Prociak, CEO of Pro Fitness and Pro Rehab, who operates 6 locations throughout northeastern Pennsylvania. “We are excited to have the opportunity to continue to serve the people of the greater Scranton and Moosic areas.”

“Pro Fitness and Pro Rehab have become staples in the Scranton metropolitan area and offer an incredible lifestyle amenity and medical resource for the community,” said Jeffrey Dash, vice president of leasing for The Lightstone Group. “Birney Mall tenants benefit greatly from each other’s wide variety of offerings and it continues to be a one-stop-shop for consumers.”

To learn about leasing opportunities at Birney Mall or throughout The Lightstone Group portfolio of office, retail and industrial properties, contact Jeff Dash at (908) 668-8300 or jdash@lightstonegroup.com.

The Lightstone Group is one of the country's largest privately held real estate companies with interests in residential, office, retail, hospitality and industrial real estate assets. Principally through its operating entities including Prime Retail, Prime Group Realty Trust and Beacon Management, the company owns a diversified portfolio of more than 19,000 multifamily units and 24 million square feet of office, industrial, hotel and retail properties in 27 states, the District of Columbia, and Puerto Rico. Headquartered in New York, The Lightstone Group has approximately 1,150 employees and maintains regional offices in Maryland, Illinois and New Jersey. For more information, visit www.lightstonegroup.com.